-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, PXEJ+q9Buf/CBXO7amNapiTyS0vt1svrwDp7UsoLqQXqY4seoPGMqE1tik67rKu0 hrQ41ruCGuJ/lGlzVJ37GQ== 0001209191-06-015280.txt : 20060303 0001209191-06-015280.hdr.sgml : 20060303 20060303171844 ACCESSION NUMBER: 0001209191-06-015280 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20060301 FILED AS OF DATE: 20060303 DATE AS OF CHANGE: 20060303 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: SIMS JAMES K CENTRAL INDEX KEY: 0001208317 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-10228 FILM NUMBER: 06665021 BUSINESS ADDRESS: STREET 1: GEN3 PARTNERS STREET 2: TEN POST OFFICE SQ. CITY: BOSTON STATE: MA ZIP: 02109 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: ENTERASYS NETWORKS INC /DE/ CENTRAL INDEX KEY: 0000846909 STANDARD INDUSTRIAL CLASSIFICATION: COMPUTER COMMUNICATIONS EQUIPMENT [3576] IRS NUMBER: 042797263 STATE OF INCORPORATION: DE FISCAL YEAR END: 0101 BUSINESS ADDRESS: STREET 1: 50 MINUTEMAN ROAD CITY: ANDOVER STATE: MA ZIP: 01810 BUSINESS PHONE: 978-684-1000 MAIL ADDRESS: STREET 1: 50 MINUTEMAN ROAD CITY: ANDOVER STATE: MA ZIP: 01810 FORMER COMPANY: FORMER CONFORMED NAME: CABLETRON SYSTEMS INC DATE OF NAME CHANGE: 19920703 4 1 doc4.xml FORM 4 SUBMISSION X0202 4 2006-03-01 1 0000846909 ENTERASYS NETWORKS INC /DE/ ETS 0001208317 SIMS JAMES K C/O ENTERASYS NETWORKS, INC. 50 MINUTEMAN ROAD ANDOVER MA 01810 1 0 0 0 Common Stock 2006-03-01 4 D 0 12500 D 0 D Stock Option (right to buy) 7.36 2006-03-01 4 D 0 1042 6.56 D 2012-06-08 Common Stock 1042 0 D Disposed of pursuant to the Agreement and Plan of Merger, dated November 11, 2006, among ETS, Gores ENT Holdings, Inc. and ENT Acquisition Corp. (the "Merger Agreement"). These shares were canceled in the merger in exchange for a cash payment of $174,000, representing the market value of the ETS common stock on the effective date of the merger ($13.92 per share). This option, which provided for vesting in three equal annual installments beginning on the earlier to occur of (i) the anniversary of the date of grant or (ii) the date immediately prior to the date of the next annual meeting of ETS stockholders, was canceled pursuant to the Merger Agreement, in exchange for a cash payment of $6,836, representing the difference between the exercise price of the option and the market value of the underlying ETS common stock on the effective date of the merger ($13.92 per share). /s/ Gerald M. Haines II, as Attorney-in-Fact for James K. Sims 2006-03-03 -----END PRIVACY-ENHANCED MESSAGE-----